Strict Lockdown Dragged Down Vietnam’s Industrial Production in August, Economists Say
The strict lockdown in Viet Nam’s southern region and in Ha Noi and surrounding industrial areas, which contribute nearly 50% of the country’s GDP, dragged down the index of industrial production in August.
Vietnam’s Economy to Slow Down Due to Prolonged COVID-19 but ADB Bullish in the Medium and Longer Term
Growth picked up in the first half of 2021, largely because of higher trade volumes, but slowed down in the second half of the year as the fourth wave of the pandemic took a toll on business and the labor market.
The Global Supply of Coffee Constrained by Lockdowns in Vietnam, Fitch Says
Vietnam’s COVID-19 lockdown has constrained the global supply of coffee — and coffee prices could remain “relatively high” through 2022, said Fitch Solutions on an article released by CNBC.
Fitch Assigns Vietnam's Dat Xanh Group's Proposed Notes 'B' Rating
DXG's rating reflects the company's expanding market position as a residential property developer in southern Vietnam and its status as the country's largest real-estate brokerage.
Manuela Ferro to Become World Bank Vice President for East Asia and Pacific
Ms. Ferro brings over three decades of experience across Europe, Latin America and the Caribbean, Africa and the Middle East, and South Asia and has held several leadership positions in the World Bank.
HSBC Vietnam Facilitates International Investment in VNLIFE, Vietnam’s Second Unicorn
In recent years, Vietnam has emerged as a hub for startups, closely competing with the likes of Indonesia and Singapore. The country has a dynamic startup environment with many entrepreneurs and companies engaged in the most promising sectors.
More US Pork to be Sold in Vietnam’s Market in the Coming Time
Vietnam's MFN duty rate for imported frozen pork is 15%. The 2021 rate for imports from Canada and other CPTPP members is 7.5%, while pork imported from the EU is tariffed at 11.3%.
Vietnam’s GDP Growth Rate Estimated to be in the Range of 5-5.5% if Vaccine Rollout Races Up, HSBC Says
What no one had predicted was that the Covid virus would continue to mutate and mutate in a way that would make it far more virulent. Along came the Delta variant – a variant that spread so fast that it made it much harder to control.
New Publication Illustrates the Real Cost of Speeding on People and the Environment
Well-established evidence in the note makes a stronger case for lowering speed to be one of the most effective ways to enhance road safety. For example, a one percent increase in speed results in a 3.5 to 4-percent increase in deaths.
Many Vietnam Banks not Ready for Digitalization, Researchers Say
The research revealed that in Vietnam, 72% of the banking sector sees a ‘lack of understanding of customer needs and outcomes’ as an obstacle in further developing digital tools for its customers.
Financial Wellness & Digital Money Management Apps are Key to Igniting Vietnam’s Digital Banking Boom
Like other areas of the world, smartphones and digital-only services have changed how people live in Vietnam. However, compared with other developing countries, the uptake of digital banking has been slower.
Standard Chartered Lowers Vietnam’s 2021 GDP Growth Forecast to 4.7%
According to the Bank, the COVID situation will likely continue to dampen inward investment for the rest of 2021 and may create further tourism uncertainty.